307 Colorado DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $686,689. I'd recommend coming to market at $420,000 to $430,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in RIVER CROSSING, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (175 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2.02 acre lot (larger than the 1.80 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in RIVER CROSSING, ranging from $399,990 to $795,000. The trend in RIVER CROSSING shows prices have fallen 0.4% in the past 6 months. 177 Colorado DR, Cedar Creek TX 78612 nearby adjusts to $743,742; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group